Seoyon Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:01 am EST
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Seoyon Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 3,123.07 million compared to KRW 5,836.74 million a year ago. Net income was KRW 40,246.22 million compared to KRW 39,008.77 million a year ago. Basic earnings per share from continuing operations was KRW 1,854 compared to KRW 1,797 a year ago. Basic earnings per share was KRW 1,854 compared to KRW 1,797 a year ago.
For the nine months, sales was KRW 9,597.01 million compared to KRW 18,603.48 million a year ago. Net income was KRW 99,542.52 million compared to KRW 71,639.88 million a year ago. Basic earnings per share from continuing operations was KRW 4,586 compared to KRW 3,300 a year ago. Basic earnings per share was KRW 4,586 compared to KRW 3,300 a year ago.
SEOYEON CO. LTD., formerly HAN IL E WHA CO., LTD., is a Korea-based company mainly engaged in the manufacture and distribution of automobile interior parts and accessories. The Company produces door trims, car seats, head linings, covering shelves, package trays, screen assemblies, pillar trims, key sets, multifunction switches, power window switches and others, which are mainly used for automobiles. The Company's main customers include Hyundai Motor Company and KIA Motors Corporation. The Company distributes its products within domestic market and to overseas markets, including Europe, China, India, America and others.